Avalon picks up pegmatite property
ronto-based Avalon Ventures (AVL-V) has concluded an agreement with two prospectors, giving it the option to acquire a property near Separation Rapids, 60 km north of Kenora, Ont.veral pegmatite-hoste…
News
Soledad Mountain deemed feasible
VANCOUVERA bankable feasibility study concludes that the Soledad Mountain project in Mojave, Calif., can be financed at current gold and silver prices.The study, conducted for Golden Queen Mining (GQM…
MOST ACTIVE ISSUES, Nov. 20-26
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TSE SHORT POSITIONS (December 02, 1996)
Short positions outstanding at November 15, 1996Larger individual positions included: Abacan Resource 106,200; Barrick Gold 9,602,918, down 99,645; Aber Resources 14,200, down 8,000; Adrian Resources …
EXPLORATION ROUNDUP — Cabo uncovers more Cuban gold
Ongoing chip sampling and geological mapping by Cabo Exploration Ventures (CVE-V) have revealed another gold zone at the San Juan prospect in Cuba.The prospect, several hundres metres southwest of the…
EXPLORATION ROUNDUP — SLOVAKIA in a nutshell
Total area: 48,845 sq. km (about twice the size of New Hampshire) Terrain: rugged mountains in the central and northern part, and lowlands in the southClimate: temperate; cool summers; cold, cloudy, h…
EXPLORATION ROUNDUP — Small but vital projects under way at Matheson camp
Less exposed, and therefore less prospected, than its big brothers to the west and south, the Matheson area of northeastern Ontario has, in recent years, proved to be a durable, small-project camp.As …
Ashanti launches program at Tera gold property
Surface exploration by Ashanti Goldfields (AHD.U-T) has begun on the Tera gold property in Niger, West Africa.The 1,500-sq.-km property, which hosts a 20-km section of the Terra shear system, is curre…
TORONTO STOCK EXCHANGE INDICES (December 02, 1996)
1996Nov 26Nov 25Nov 22Nov 21Nov 20HighLowComposit…
SPOT PRICES AT A GLANCE (December 02, 1996)
Wednesday, November 27, 1996Price (US)Week’s ChangeGold*$373.95- $4.65Silver*$ 4.7…
EXPLORATION ROUNDUP — Sulphide discovery changes picture at Cerro Casale
It would seem there is more to Chile’s Aldebaran project than meets the eye.The discovery of deep-seated sulphide gold-copper mineralization extending beneath the Cerro Casale oxidized gold deposit ha…
EXPLORATION ROUNDUP — Lyon Lake hits gold in Costa Rica
In the first five holes drilled on the Canamazo concession in Costa Rica, Lyon Lake Mines (LLL-M) has intersected low-grade gold values.Prior to the drilling, Lyon Lake conducted a geochemical survey …